TRNO Technical Analysis - TERRENO REALTY CORP

Technical Rating and Analysis

Overall TRNO gets a technical rating of 5 out of 10. TRNO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

83% of all other stocks performed better in the past year than TRNO.

TRNO is one of the lesser performing stocks in the Diversified REITs industry. 75% of 129 stocks in the same industry do better.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

TRNO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.

TRNO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TRNO is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

TERRENO REALTY CORP / TRNO Weekly stock chart

TERRENO REALTY CORP / TRNO Daily stock chart

Setup Rating and Analysis

TRNO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 58.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 58.21, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

53.22

66.53

We found 2 important support areas.

A support zone ranging from 56.45 to 58.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 53.76 to 54.13. This zone is formed by a combination of multiple trend lines in the weekly time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 58.71 to 59.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @65.87 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	NEUTRAL	NEUTRAL	The long term trend for TRNO is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for TRNO is up.
ChartMill Relative Strength	17.72	NEGATIVE	TRNO has a low relative strength, it was outperformed by 82.28% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of TRNO is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of TRNO is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of TRNO is below a declining SMA(200).
Relative Strength Index/RSI (14)	57.67	NEUTRAL	The RSI value for TRNO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.15	POSITIVE	The MACD value suggests TRNO has a positive trend, although the MACD value is declining.
Stochastics (14,3)	71.64	NEUTRAL	The Stochastics value for TRNO is a neutral value.
Average True Range in percent/ATR (20)	2.2	MEDIUM VOLATILITY	The ATR as a percentage value for TRNO suggests some volalility.
Average Directional Index/ADX (14)	16.22	NEGATIVE	The low ADX value for TRNO suggests a weak or negative trend.